I don't need to buy BCH in order to pay for other things with it. Not everyone uses credit cards or paper markets/or bank accounts for savings. That is where market share comes from for Bitcoin. The fiat system failing to be a good kind of money for various reasons. BTC has the network effects and that also means higher market cap and more uses apart from speculation. BTC is also bought for that reason as well. It looks like $20k is the value when the speculators give up and we are left with those who are holding long term.
How does Blurt offer a better money solution than Bitcoin? We know it's faster, and blocks are empty. With the blocks empty, we have really low fees and we can trust the transactions will go into a block. However, nearly wherever we can spend Blurt we can spend Bitcoin.
Blurt is an App-coin for influence on Blurt.blog and blurtlatam.com. That's about it.
I'm sorry, but I can't be specific for bch and crypto, which fell from $1600 to $120, because I think the fall of each of them is for similar reasons.
It's a different look, though.
if the drop is due to a drop in demand
that's not necessarily "theft" unless that drop in demand was engineered
or the demand that was propping up the value was artificial hype (also engineered)
but if the drop in value is due to inflation (also engineered)
it is theft
for example,
@foryoubtc
I don't need to buy BCH in order to pay for other things with it. Not everyone uses credit cards or paper markets/or bank accounts for savings. That is where market share comes from for Bitcoin. The fiat system failing to be a good kind of money for various reasons. BTC has the network effects and that also means higher market cap and more uses apart from speculation. BTC is also bought for that reason as well. It looks like $20k is the value when the speculators give up and we are left with those who are holding long term.
How does Blurt offer a better money solution than Bitcoin? We know it's faster, and blocks are empty. With the blocks empty, we have really low fees and we can trust the transactions will go into a block. However, nearly wherever we can spend Blurt we can spend Bitcoin.
Blurt is an App-coin for influence on Blurt.blog and blurtlatam.com. That's about it.
exactly